NYSE:MFM

MFS Municipal Income Trust (MFM) Stock Forecast, Price & News

$5.10

+0.12 (+2.41%)

(As of 05/31/2023 ET)

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Today's Range: $4.98
▼
$5.10
50-Day Range: $4.92
▼
$5.40
52-Week Range: $4.66
▼
$5.98

Volume: 166,939 shs
Average Volume: 84,248 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 4.51%
Price Target: N/A

About MFS Municipal Income Trust (NYSE:MFM) Stock

MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.

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MFM Stock News Headlines

May 4, 2023 | americanbankingnews.com

MFS Municipal Income Trust (MFM) To Go Ex-Dividend on May 16th

April 17, 2023 | americanbankingnews.com

MFS Municipal Income Trust Plans Monthly Dividend of $0.02 (NYSE:MFM)

June 1, 2023 | UNKNOWN (Ad)

Highly Profitable Restaurant Brand Expands to Canada

Invest in the Canadian Expansion with Debut: The Exclusive Franchisee with Proven Success.

April 13, 2023 | msn.com

MFS Municipal IT's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

March 29, 2023 | finance.yahoo.com

MFS Announces Portfolio Management Team Update for Three Closed End Funds

March 3, 2023 | seekingalpha.com

MFS Municipal Income Trust dividend declines by 2.6% to $0.0185

January 3, 2023 | msn.com

MFS Municipal Income Trust declares $0.0175 dividend

December 28, 2022 | finance.yahoo.com

MFS High Income Municipal Trust (XCXEX)

June 1, 2023 | UNKNOWN (Ad)

World-Renowned Brazilian Restaurant Debuts in Canada

Invest in Debut's Exclusive Franchise of Acclaimed Brazilian Churrasco Restaurant Brand.

November 10, 2022 | fool.com

MFS Municipal Income Trust (NYSE: MFM)

September 30, 2022 | nasdaq.com

An Advisor’s Guide to Seeking Income: Munis

September 8, 2022 | benzinga.com

6MFM : MFS Municipal IT: Dividend Insights

September 2, 2022 | seekingalpha.com

MFS Municipal Income Trust declares $0.0195 dividend

July 14, 2022 | benzinga.com

MFS Municipal IT: Dividend Insights

April 5, 2022 | seekingalpha.com

MFS Municipal Income Trust declares $0.022 dividend

February 10, 2022 | benzinga.com

Monday Is Your Last Chance To Buy MFS Municipal IT Before The Dividend Payout

February 4, 2022 | seekingalpha.com

MFS Municipal Income Trust declares $0.0225 dividend

January 3, 2022 | seekingalpha.com

MFS Municipal Income Trust declares $0.0235 dividend

December 3, 2021 | finance.yahoo.com

MFS Investment Grade Municipal Trust and MFS Municipal Income Trust Declare Capital Gain Distributions

January 15, 2021 | benzinga.com

Analyzing MFS Municipal Income Trust's Ex-Dividend Date

November 27, 2020 | seekingalpha.com

Weekly Closed-End Fund Roundup: November 15, 2020

November 3, 2020 | seekingalpha.com

MFS Municipal Income Trust declares $0.026 dividend

October 29, 2020 | nasdaq.com

MFS Municipal Income Trust Common Stock (MFM)

May 1, 2020 | seekingalpha.com

MFS Municipal Income Trust raises dividend by ~24%

April 1, 2020 | seekingalpha.com

MFS Municipal Income Trust cuts dividend by ~21%

February 19, 2020 | finance.yahoo.com

MFS Municipal Income Trust (MFM)

February 3, 2020 | seekingalpha.com

MFS Municipal Income Trust declares $0.0265 dividend

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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MFM Company Calendar

Ex-Dividend for 4/28 Dividend: 4/18/2023
Dividend Payable: 4/28/2023
Ex-Dividend for 5/31 Dividend: 5/16/2023
Dividend Payable: 5/31/2023
Today: 6/01/2023
Fiscal Year End: 10/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment offices, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:MFM
CUSIP: N/A
CIK: 801961
Web: www.mfs.com
Phone: N/A
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 0.45

Key Executives

Ms. Robin Ann Stelmach (Age 61)
Pres and Trustee

Mr. Frank L. Tarantino (Age 78)
Independent Sr. Officer

Mr. Robyn L. Griffin (Age 47)
Assistant Independent Chief Compliance Officer

Mr. Richard S. Weitzel (Age 52)
Assistant Sec. and Assistant Clerk

Mr. Kasey L. Philips (Age 51)
Assistant Treasurer

Mr. Brian E. Langenfeld (Age 49)
Assistant Sec. and Assistant Clerk

Ms. Susan A. Pereira (Age 51)
Assistant Sec. and Assistant Clerk

Mr. Ethan D. Corey (Age 58)
Assistant Sec. and Assistant Clerk

Mr. Thomas H. Connors (Age 62)
Assistant Sec. and Assistant Clerk

Mr. Christopher R. Bohane (Age 48)
Assistant Sec. and Assistant Clerk

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MFM Stock - Frequently Asked Questions

How have MFM shares performed in 2023?: MFS Municipal Income Trust's stock was trading at $5.18 on January 1st, 2023. Since then, MFM shares have decreased by 1.5% and is now trading at $5.10.
View the best growth stocks for 2023 here.
Are investors shorting MFS Municipal Income Trust?: MFS Municipal Income Trust saw a decrease in short interest in May. As of May 15th, there was short interest totaling 15,000 shares, a decrease of 77.4% from the April 30th total of 66,500 shares. Based on an average trading volume of 81,900 shares, the days-to-cover ratio is presently 0.2 days.
View MFS Municipal Income Trust's Short Interest.
How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?: MFS Municipal Income Trust declared a monthly dividend on Tuesday, May 2nd. Investors of record on Wednesday, May 17th will be given a dividend of $0.018 per share on Wednesday, May 31st. This represents a $0.22 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date is Tuesday, May 16th. This is a positive change from the stock's previous monthly dividend of $0.02.
Read our dividend analysis for MFM.
What ETFs hold MFS Municipal Income Trust's stock?: ETFs with the largest weight of MFS Municipal Income Trust (NYSE:MFM) stock in their portfolio include VanEck Muni Allocation ETF (MAAX).VanEck CEF Municipal Income ETF (XMPT).

Is MFS Municipal Income Trust a good dividend stock?: MFS Municipal Income Trust (NYSE:MFM) pays an annual dividend of $0.23 per share and currently has a dividend yield of 4.64%. MFM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MFM.
What other stocks do shareholders of MFS Municipal Income Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other MFS Municipal Income Trust investors own include BlackRock Taxable Municipal Bond Trust (BBN), Blackrock Resources & Commodities Strategy Trust (BCX), BlackRock Enhanced International Dividend Trust (BGY), Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB), Dominion Energy (D), General Mills (GIS), International Business Machines (IBM), Main Street Capital (MAIN), New Residential Investment (NRZ) and ONEOK (OKE).
What is MFS Municipal Income Trust's stock symbol?: MFS Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFM."
Who are MFS Municipal Income Trust's major shareholders?: MFS Municipal Income Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include Bank of America Corp DE (0.00%), Robinson Capital Management LLC (0.00%), Advisors Asset Management Inc. (0.00%), UBS Group AG (0.00%), Janney Montgomery Scott LLC (0.00%) and Van ECK Associates Corp (0.00%).
View institutional ownership trends.
How do I buy shares of MFS Municipal Income Trust?: Shares of MFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is MFS Municipal Income Trust's stock price today?: One share of MFM stock can currently be purchased for approximately $5.10.

This page (NYSE:MFM) was last updated on 6/1/2023 by MarketBeat.com Staff

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